Press Release

EagleBank Achieves High Ranking in Mortgage Executive Magazine’s Annual List of Top 200 Mortgage Originators in America for 2016

Company Release - 4/26/2017 6:00 AM ET

BETHESDA, Md., April 26, 2017 (GLOBE NEWSWIRE) -- Mortgage Executive Magazine has released their annual list of top performing mortgage loan originators for 2016. EagleBank congratulates Senior Mortgage Banker Mehdi Pirzadeh who ranked Number 92 in the USA for dollar volume mortgage originations. Among the top 100, he produced and closed 250 loans for $122,099,910 for the year.

Joining Pirzadeh to place EagleBank in the Nation’s Top 1%, are seven other Senior Mortgage Bankers: Laurent Berman, Tom Biegler, Paul Harsanyi, Paul Hornyak, Deborah Levy, Andrew Lunenfeld, and Bill Sherrill. None of them are new to impressive national rankings.

In addition, EagleBank ranked #91 in the Top 100 Mortgage Companies in America 2016 with total yearly mortgage loan volume of $941,227,030 and number of closed loans of 2,098.

“We are proud of these outstanding mortgage loan professionals and their efforts to provide home loans for our customers. EagleBank’s Residential Lending Division offers a great team of mortgage professionals who make the process as easy as possible for first-time or repeat buyers. Placing in the top 1% against all lenders in the Nation is truly remarkable, and we salute Mehdi for his energy, skill and experience that earned his Top 100 ranking,” commented EagleBank’s Chairman and Chief Executive Officer Ronald D. Paul.

EagleBank is a full-service, local community bank that provides a full compliment of financial services. EagleBank’s Residential Lenders can offer home buyers in the Metro DC area (and in all 50 states) a complete staff of mortgage specialists who provide application-to-closing service, all in one place. EagleBank’s Residential Lending Division offers customers the best of all worlds…lenders who provide solutions based on individual customer needs…as well as access to local, regional, and national residential loan options. A full team of experienced and talented operations staff are on hand to create the best-possible mortgage loan experience for our customers.

About Eagle Bancorp, Inc. and EagleBank

Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 21 offices, located in Montgomery County, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

TERMS AND CONDITIONS OF USE

The investor relations site ("Site") with which this document is associated is maintained by S&P Global Market Intelligence ("S&P") on behalf of the organization featured on the Site (S&P's "Client"). These Terms and Conditions of Use ("Terms of Use") set forth the terms on which you may use the Site, and the information and materials contained therein (the "Contents"). By using the Site, you agree to these Terms of Use. If you do not agree to these Terms of Use, you are not authorized to use the Site or Contents in any manner, and you should immediately discontinue any use of the Site or the Contents.

S&P and/or its Client shall have the right at any time to modify or discontinue any aspect of the Site or any part of the Contents. S&P may also modify these Terms of Use without notice. You agree to monitor these Terms of Use, and to cease all access or use of the Site if you no longer agree to abide by the Terms of Use. Your continued use of the Site shall constitute acceptance of such modification.

S&P and the Client grant to you a limited, personal license to access the Site and to access and download the Contents, but only for your own personal, family and household use. You may not use, reproduce, distribute or display any portion of the Site for any other purpose, including without limit any commercial purpose. You may use the Site and the Contents for lawful purposes only. S&P and Client reserve all rights not expressly granted, including the right to terminate your use of the Site without notice.

The Site contains copyrighted material, trademarks and service marks, and other proprietary information, including but not limited to text, software, and graphics, which materials are owned by S&P and/or its Client. S&P and Client reserve all rights in the Contents. You agree not to reproduce, distribute, sell, broadcast, publish, retransmit, disseminate, circulate or commercially exploit the Site or the Contents without the express written consent of S&P and the Client.

You agree to access the Contents and the Site manually, by request, and not automatically, through the use of a program, or other means. You agree not to take any action, alone or with others, that would interfere with the operation of the Site, to alter the Site in any way, or to impede others' access to and freedom to enjoy and use the Site as made available by S&P and S&P’s Client.

THE SITE AND THE CONTENTS ARE PROVIDED ON AN "AS IS" BASIS. S&P, ITS CLIENT, AND ANY OTHER PROVIDERS OF THE INFORMATION EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTY OF ACCURACY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

NEITHER, S&P, THE CLIENT NOR EITHER OF THEIR AFFILIATES, SHAREHOLDERS, OFFICERS, EMPLOYEES, AGENTS OR REPRESENTATIVES SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, EXEMPLARY , PUNITIVE SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATING TO THE SITE, THE USE OF OR INABILITY TO USE THE SITE, OR THE CONTENTS, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN PARTICULAR, S&P WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY YOUR RELIANCE ON INFORMATION OBTAINED THROUGH THE SITE.

It is your responsibility to evaluate the accuracy, completeness or usefulness of any of the Contents available on the Site. Please seek the advice of professionals regarding the evaluation of any of the information on the Site.

The Site does not represent an offer or solicitation with respect to the purchase or sale of any security.

These Terms of Use are the entire agreement between the parties with respect to its subject matter, and it can be amended only via written agreement by S&P. These terms and conditions shall be governed by the law of New York, without regard to principals of conflicts or choice of laws.